HR. 1169In Committee
Wildfire Victim Tax Relief and Recovery Act
Plain-English overview
What this bill does
Allows tax relief for wildfire losses by extending livestock gain deferral after fires and excluding certain Texas wildfire compensation payments from taxable income
Key points
- Allow exclusion of wildfire payments
- Extend livestock gain deferral
Current status
Where it stands
Status
In Committee
Latest action
2025-02-10 — Referred to the House Committee on Ways and Means.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.